Neil Hermon

About Neil Hermon

Expert number cruncher Neil Hermon earned a degree in mathematics from Cambridge University’s Selwyn College before beginning his career at Ernst and Young accountants in 1989. He joined General Accident Investment Management as an investment analyst in 1993, and began managing funds a year later. Having worked his way through the ranks to become head of UK smaller companies, he switched to Morley Fund Management in 1998 to begin a four-year stint in a similar role. Hermon moved to Henderson Global Investors in 2002 to take control of the Henderson UK Smaller Companies OEIC. He was named head of pan-european smaller companies in November 2004. Away from the office, Hermon enjoys playing cricket, squash and badminton.

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With their deeply embedded discounts, it’s easy to assume investors have good reason for giving small cap trusts a wide berth. But the sector has outperformed its closed-end rivals by 16% over the last 12 months.

Citywire can reveal Henderson's Stephen Peak will step back from running the UK Alpha fund as part of a restructure of the firm's equity desk, which has also led to the departure of its global financials team.

Source: Citywire Discovery
Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated)..Portions of the information contained on this page was derived by Citywire Financial Publishers Ltd using content supplied by Lipper, A Reuters Company.

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